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>> china is creating that great demand? >> yeah. the chinese customers. >> aren't margins lower than in an average hotel? you charge more but the services cost more. >> very expensive -- we need to be in a location that we can charge a good price and have high occupancy. otherwise the model doesn't work. >> what's the cheapest room i could get? >> in cairo? >> dominic strauss kahn -- >> in kabul, $800. for christmas, $2,000 a night. >> 2,000? >> for the christmas season, yes. and of course, the rest of year is about $800 a night. but last year, christmas, 64% of our guests rebooked for this year. that means we're giving value. that's what it's all about. that customer wants value by individually reliable attention. and that's what we're doing. business is exceptional. what is not exceptional is development of new hotels in the u.s. and europe. there's not development the last few years. that is, of course -- that hampers our growth. >> it hampers growth but makes you more -- the ones that are existing would be more dear, wouldn't th
>> china is creating that great demand? >> yeah. the chinese customers. >> aren't margins lower than in an average hotel? you charge more but the services cost more. >> very expensive -- we need to be in a location that we can charge a good price and have high occupancy. otherwise the model doesn't work. >> what's the cheapest room i could get? >> in cairo? >> dominic strauss kahn -- >> in kabul, $800. for christmas, $2,000 a night. >>...
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he went to china instead. that was not a hardship post but it wasn't the grand lovely post that you get as the u.k. that residence there is beautiful. >> andrea: switch gears. talk about eck land and france. switch gears to go across the pond and talk about a headline says it's the nation's joy but a husband's nerves. kate expectations. the princess is pregnant. i know you are excited about the story. do you think we are obsessed with her as well? i can see why the british do it. is it too much? >> bob: yes. it's too much. i can look at her for a long time. the dude next to her is sort of ugly. outside of that. we're getting absorbed with. this sending anchors over to cover someone pregnant. what are they going to cover. >> andrea: they do it because it sells, right? people are interested. >> dana: in america, too. i subscribed a couple years ago to the hollywood magazines it. you can't open one for not buying a picture of her. i like to follow her as well. i'm happy for them. i definitely do not want to follo
he went to china instead. that was not a hardship post but it wasn't the grand lovely post that you get as the u.k. that residence there is beautiful. >> andrea: switch gears. talk about eck land and france. switch gears to go across the pond and talk about a headline says it's the nation's joy but a husband's nerves. kate expectations. the princess is pregnant. i know you are excited about the story. do you think we are obsessed with her as well? i can see why the british do it. is it...
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republican, and it is hard to understand how our country now has infrastructure that's not as advanced as china, singapore and so many other places. those are investments that we can make now, putting jobs to work now, putting people to work now and also that will lead to long term growth. of course, we got to find out how we pay for it. >> governors, thank you both very much. i appreciate you joining me tonight. >> thank you. >> thanks. >>> i now want to bring in a man who says president obama's plan would create jobs and cut the deficit. he's democratic congressman chris van hollen, maryland, ranking member of the house budget committee. welcome to you, sir. you said today -- >> good to be with you. >> good to be with you, too. we're in the fourth quarter as we approach the fiscal cliff. if we can deliver like rg iii delivers, we'll be doing well. the question i would ask is why the hell are we in the fourth quarter? why wasn't this done in the first quarter? >> well, piers, as you know, there were a number of efforts before the election to get this done and there were major differences betwe
republican, and it is hard to understand how our country now has infrastructure that's not as advanced as china, singapore and so many other places. those are investments that we can make now, putting jobs to work now, putting people to work now and also that will lead to long term growth. of course, we got to find out how we pay for it. >> governors, thank you both very much. i appreciate you joining me tonight. >> thank you. >> thanks. >>> i now want to bring in a...
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this is again china. i don't like it either but china is coming back. >> naz 100 taking on facebook. >> money is an index to the naz 100. people paid for this in premarket. it was a mistake. >> citi thinks limited can do a special div. >> limited has a lot of cash. gap said no yesterday. hurt the stock. >> goldman starts utx neutral. great company. a slap in the face, carl. boom. slap in the face. >> you got that right. what's on "mad" tonight? >> i have been featuring these investment -- look, the etf. i've been feeling they know america. i have to know how bad america is. they do the southeast. great company. >> we've not talked a lot about the cliff today. it's been kind of refreshing. cover of "the washington post" today. why doesn't the market care, right? >> i think the market doesn't understand to some degree. there's a whole new school of thought that says it would be good. another school of thought that says it doesn't matter that much. they created the cliff to be able to drive us into recession
this is again china. i don't like it either but china is coming back. >> naz 100 taking on facebook. >> money is an index to the naz 100. people paid for this in premarket. it was a mistake. >> citi thinks limited can do a special div. >> limited has a lot of cash. gap said no yesterday. hurt the stock. >> goldman starts utx neutral. great company. a slap in the face, carl. boom. slap in the face. >> you got that right. what's on "mad" tonight?...
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was it because the oil went to china and this was a response? >> we had to do a lot of houses, and we need to get a good price, and the chinese gave us the group price for the project. that was the reason. >> the developments promised for occupancy for a year. don't write it off just yet. they are dreaming big. >>> let me show you some of the best pictures from around the world and the stories behind them. up next. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ now's a good time to think about your options. are you looking for a plan that really meets your needs? and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare sup
was it because the oil went to china and this was a response? >> we had to do a lot of houses, and we need to get a good price, and the chinese gave us the group price for the project. that was the reason. >> the developments promised for occupancy for a year. don't write it off just yet. they are dreaming big. >>> let me show you some of the best pictures from around the world and the stories behind them. up next. [ male announcer ] citi turns 200 this year. in that time...
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it includes cars out of japan and china. john fund, coauthor of the book "who's counting." you want a raise? you want a clerical worker? the money is pretty good. $87,000 a year. $105,000 with a compensation package. one of the top u.s. blue collar jobs. >> the outrageous thing about this strike is this. the port owners were willing to say all the clerks will have lifetime employment. but if someone retires we want the flexibility to move their job around or eliminate their position and the union said no. these clerks basically still use paper invoices to make sure the cargo moves clearly. a lot of that can be automated. these jobs, $165,000 are apparently forever. as a result of that we had this unnecessary strike and it cost a billion dollars a day and the price of toys may go up on christmas. >> this was not about benefits, vacation or pensions or salary. it was about the job of these clerks monitoring the port car go and their jobs are going to be guaranteed for life. but they wouldn't be allowed to replace them or eliminate those jobs once they retired. bill: so the de
it includes cars out of japan and china. john fund, coauthor of the book "who's counting." you want a raise? you want a clerical worker? the money is pretty good. $87,000 a year. $105,000 with a compensation package. one of the top u.s. blue collar jobs. >> the outrageous thing about this strike is this. the port owners were willing to say all the clerks will have lifetime employment. but if someone retires we want the flexibility to move their job around or eliminate their...